Souzana Psara

The presidency on Monday announced that the government’s target for full employment was achieved within the first two years of its term, something it described as an important milestone. ...

Out of 741 tourist units preparing to reopen in Cyprus, only 100 have secured a licence, accounting for just 13.5 per cent of the total. According to data from the Deputy Ministry of ...

Here are the top business stories in Cyprus from the week starting March 3: The Cyprus International Businesses Association (CIBA) is currently analysing the proposed tax reform, according to an official ...

Deputy Minister of Research Nicodemos Damianou on Friday stressed the importance of investing in artificial intelligence (AI) at the Demystifying and Unleashing AI conference in Nicosia. Highlighting AI’s potential ...

The Deputy Ministry of Tourism has expressed satisfaction with its participation at the ITB Berlin tourism conference this week, where minister Kostas Koumis led the Cypriot delegation. According to an ...

The House on Thursday afternoon passed the National Betting Authority (NBA) and e-health authority budgets for the fiscal year 2025. The NBA’s budget, approved by 36 MPs, projects total expenditures to ...

The Bank of Cyprus on Thursday announced that it has received the Quality Recognition Award from global financial services firm JP Morgan Chase. The award, which the Bank of Cyprus ...

Deputy Minister of Research Nicodemos Damianou has called for increased public funding and private investments in cybersecurity for small and medium enterprises (SMEs), during an informal EU telecommunications ministers’ meeting. ...

Cyprus’ Larnaca and Paphos airports achieved a milestone in passenger traffic during February, surpassing half a million passengers, according to the Transport Ministry. Specifically, the two airports welcomed a total ...

The House is set to vote on Thursday afternoon on the National Betting Authority (NBA) budget law of 2025. The proposed budget aims to establish a surplus of approximately €514,000 by allocating €55,602,239 ...

Konstantin Zapolianski, Senior Investment Director at Zubr Capital, recently spoke to the Cyprus Mail about Cyprus’ growing potential as a destination for technology and digital industries. With the ICT sector ...

The International Labour Organisation (ILO) Tripartite Technical Committee, which recently met in Geneva, stressed the importance of preventing and resolving labour disputes to maintain healthy labour relations. Held from February 17 ...

2024 was another difficult year for fintech, with just $95.6 billion investment globally across 4,639 deals.   Both global fintech investment and the number of deals fell to levels not seen since 2017, according to ...

Konstantin Zapolianski, Senior Investment Director at Zubr Capital, recently spoke to the Cyprus Mail about Cyprus’ growing potential as a destination for technology and digital industries. With the ICT sector ...

EVH Investments Limited has formally requested the exercise of the squeeze-out right to acquire the remaining 8.8 per cent of the share capital of Salamis Tours, it emerged on Tuesday. This ...

The Association of Large Investment Projects recently presented its recommendations on the role of the private sector in the economic diplomacy strategy promoted by the Ministry of Foreign Affairs. Led ...

Former Cyprus Shipping Chamber (CSC) director general Thomas Kazakos has resigned as director of Lordos Hotels (Holdings) Public Limited, effective February 28, 2025. Kazakos will assume his new role as Secretary General ...

Here are the top business stories in Cyprus from the week starting February 24: Natural gas production from Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) could commence within 2 to 2.5 years, according ...

Artificial Intelligence (AI) is set to transform both the business and maritime sectors, according Christina Orphanidou, Director of Engineering, AI, and Data at Deloitte. Speaking at the recently held Capital ...

The European Investment Bank (EIB) has directed €225 million into improving Cyprus’ infrastructure, focusing on sectors such as transport, social infrastructure, student housing, and energy. During a presentation of the EIB’...

Cyprus’ petroleum product sales saw a slight dip in January 2025, falling by 2.9 per cent from the previous year to 106,552 tonnes, according to the Cyprus Statistical Service (Cystat).    Despite the overall ...

The Famagusta branch of the Cyprus Hoteliers Association (Pasyxe) together with the local tourism board (Etap), celebrated the successful conclusion of their online campaign ‘Live Unforgettable Moments’. The campaign, which ...

Cyprus has leapt nine places in the 2024 StartupBlink Ecosystem Index, marking it as the fastest-growing startup ecosystem within the European Union, the Research and Innovation Foundation (RIF) has reported. According ...

The prospect of developing joint travel packages for markets such as China and the USA was a key topic of discussion when Deputy Tourism Minister Kostas Koumis met with Greece’...